WHO has suggested a 'Pandemic Treaty.' It involves global cooperation for a sustainable and flexible funding.
Image credit - Financial Times
WHO has suggested a 'Pandemic Treaty.' It involves global cooperation for a sustainable and flexible funding.
Image credit - Financial Times
The PIIE (Peterson Institute for International Economics) listed the timeline for 6 different trade war battles between USA and China. The Jury is still out in same cases.
https://www.piie.com/sites/default/files/documents/trump-trade-war-timeline.pdf
Image credit - Everstream Analytics
Image credit - Global Trade Magazine
3 ways to create a graphical abstract for your paper in the link below. The video is around 11 minutes.
https://www.annaclemens.com/blog/make-graphical-abstract-paper
The latest craze for the K-Pop Idol music fan. Top-up with their latest 4 BillBoard Music Awards 2021. What is their secret to success? Hard work.
Check-out their latest choreography MV with the new song release "Butter."
https://my.asiatatler.com/dining/bts-mcdonalds-collaboration
Image credit: Tatler Malaysia - courtesy of McDonald's
Excerpt:
"Now that digital commerce accounts for more than a third of its economy, China is looking for ways to more effectively tax domestic e-commerce titans like Alibaba, Tencent and Didi Chuxing.
It's a huge and growing target for filling government coffers. In 2019, the nation's digital economy generated 35.8 trillion yuan ($5.52 trillion) of revenue, accounting for 36% of China's GDP, according to the China Academy of Information and Communications Technology. The digital economy has expanded much faster than the rest of the economy over the past decade."
https://asia.nikkei.com/Spotlight/Caixin/Why-China-plans-to-tax-the-booming-digital-economy
Digital Tax Around the World - Image Credit: Quaderno
Know your History. A Good reminder from Emeritus Professor Dato Dr. Wan Hashim Wan Teh in Tinta Minda, BERNAMA (Malay Article).
https://www.bernama.com/bm/tintaminda/news.php?id=1957275#abc
Image credit - Orangkata.my
It is Elon Musk again and his neuralink's brain implant. Read the link below from the OECD's Innovation Blog.
Image credit: OECD Innovation Blog
Mankiw's latest thought on the deficit due to fiscal stimulus and the earlier work regarding the issue in the link below.
Image credit - VoxEU
Latest article from the IMF Blog on a Proposal to end the pandemic. In one word - 'financing.'
https://blogs.imf.org/2021/05/21/a-proposal-to-end-the-covid-19-pandemic/
Image credit - IMF
Heard of Cobots (Collaborative Robots)? Twin Digitals? More on the article below.
https://amfg.ai/2019/03/28/industry-4-0-7-real-world-examples-of-digital-manufacturing-in-action/
Image credit - Digital Twins of Team Penske, AMFG 2020
March 2020's article from the Harvard Business Review on understanding the economic shocks of coronavirus. There is also a short 4.17 minutes video explaining the alphabets of economic recovery.
https://hbr.org/2020/03/understanding-the-economic-shock-of-coronavirus
Image credit -Harvard Business Review
Informative site on case studies at IBS Hyderabad, India. They also listed a collection of award-winning case studies. some authors are blogging on short case studies. The price per case is reasonable. Visit them for a refreshing look at playing CEO's roles in challenging situation.
https://icmrindia.org/About_Us.htm
Image credit - SlideShare IBS
Need a Hobby? 'Life Kit - How to Find a Hobby During the Pandemic' in the article below. A 2-minute read.
Image credit - from the Article.
For your ears only. What an interesting idea to keep the economy running during the crisis. It also minimises social contact and keeps everyone safe. Good therapy, especially for music lovers. I wonder what Yiruma, the Korean pianist would say (I wrote about Yiruma in another posting).
Image credit -Ed Lefkowicz/Brooklyn Academy of Music
Excerpt from Dr. Suwailem's article, taken from the IRTI Blog:
IRTI's Blog on Gesell's tax:
https://blogs.irti.org/a-proposal-for-sdr-based-sdgs-cryptocurrency/
LSE's article on Gesell's solution:
Image credit - Financial Times
Image credit - GG Preparata, Geselll 1862 - 1930
We are now entering the 4th wave of Covid-19. Hopefully the pandemic will end soon. Latest article in the IMF Blog talks about policymakers' trilemma in handling the health crisis that turn into an economic crisis later.
Excerpt:
An article by the Acting Director General of IRTI, Dr. Sami Al-Suwailem on crypto Sukuk in the link below.
Excerpt:
Excerpt:
Source - IMF Blog
Excerpt from the World Bank Group Report 2021:
http://hdl.handle.net/10986/35014
Image credit - Barron's
Value transfer vs Value creation vs Value leverage. The article in the link below, taken from the Byte Size Economics Blog focusing on value creation. A good 4-min read.
https://www.bytesizestory.com/post/value-transfer-creation-leverage
Image credit - Forbes
A proposal by Dr. Sami Al-Suwailem, IRTI in the link below.
https://blogs.irti.org/a-proposal-for-sdr-based-sdgs-cryptocurrency
Image credit - ResearchGate
The OECD has outlined recommendations for Consumer Product Safety. This is in response to the changing landscape of consumer demand in the digital age. Among them are: "consumer right to safe products, evidence-based product safety laws, comparable approaches to systematic risk management, information sharing between government authorities and businesses, and special consideration for the needs of vulnerable consumers."
https://oecd-innovation-blog.com/2021/03/10/oecd-consumer-product-safety-recommendation-e-commerce/
Image credit - OECD
An article written by the Senior Economist at IRTI, Halymun Izhar. He highlights 5 possible trends in Islamic finance post-pandemic:
1. Changes in social norm and values.
2. Digital economy may change the way we do business.
3. Emergence of new asset classifications
4. Birth of a new global currency.
5. Moving from globalization to regionalization.
https://blogs.irti.org/outlook-of-islamic-finance-post-covid-19/
Image credit - ResearchGate: Hassan et al., 2021
Muslim-friendly new concept of tourism. It would be similar to Youn's stay, perhaps. Youn Stay introduces Korean culinary and life-style to others visiting Korea during the pandemic. PondokStay is a creative Islamic Tourism product.
Image credit - Yayasan Al-Jenderami
What makes the machine trustworthy? Read the article below from the IRTI's Blog.
https://blogs.irti.org/can-we-trust-the-trust-machine/
Image credit - IRTI homepage
Global economic damage from natural disasters, differentiated by disaster category and measured in US$ per year. Data are sourced from OurWo...